PBR is the short version name of a company registered as Physicians Benefits Resources Risk Retention Group, Inc. For the past four years, I’ve invested significant time and energy with this company as I was convinced since day one ( and am still) that it had a unique value proposition. This value proposition is significant …
Category: Medical Malpractice Insurance
Medical Malpractice Insurance in 2013
Medical malpractice insurance is not a topic that comes readily to mind when you are having a casual conversation with someone. It’s out there in never-never land unless you are a physician, in which case it has more than a little relevance. Twenty years ago, it made the news almost weekly, when there was a …
New Survey Validates That US Physicians are Ailing
My Comments: Some of you are aware of my efforts to bring a new idea about medical malpractice insurance to those physicians who own their own practice. Essentially, its a financial strategy that causes 50% of the premiums to return when there are few or no claims made in any given year. Clearly, not all …
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Physician Income Down
My Comments: Some of you will ask why in the world is Tony is bothering to talk about this. It’s because much of my time as a professsional financial advisor is directed toward physicians in private practice who are frustrated and fearful of what the rest of us call Obamacare. This legislation is going to …
My eBook is Now Published!
Last week I uploaded a file to a site called Smashwords, and a yesterday, I received word that it had been reviewed and approved. I am now a published author. Here is the link: https://www.smashwords.com/books/view/270686 As you can perhaps imagine, this is not a casual read. And though the book is only 15 pages long, …
55 Billion Reasons for Consumer-Driven Care
My Comments: While the election is over, and ObamaCare will not be repealed, there is still massive confusion and misunderstanding by all parties about what it all means for you and me as consumers of health care, and the doctors who look after us. Surveys suggest that doctors are very fearful that what had been …
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Do No Harm…But Lots of Paperwork
My Comments: Followers of this blog know that I have an interest in the Affordable Health Care Act and how it should impact the health care delivery system in this country in the following years. I predict that in ten years you will not recognize ObamaCare as it morphs into a new system that more …
Can We Eliminate Lawsuits?
I’m talking here about medical malpractice claims and the short answer is “No”, but the long answer is “We can go a long way toward limiting them.” That’s the conclusion I came to recently after talking with a retired physician. She told me she had been sued some twenty years ago, and that it consumed …
Golden Handcuffs for the Practice Manager
“Golden handcuffs” are used to create a financial incentive to keep valuable employees on the payroll. If your job is to manage the practice, and you want a set of "golden handcuffs" for yourself, here’s a way to persuade your employer, the practice owners, to give you a financial reward with money being spent on …
Your Medical Practice; Your Bottom Line
Some of you reading this are physicians in private practice, and while you justifiably enjoy an exalted position in society, as far as the IRS is concerned, you own some or all of a business enterprise and also enjoy all the risks and rewards that accompany ownership of a tax paying activity. For better or …
Helping Define Your Financial Future 